Reorganisations, restructuring and insolvency

View Tax by content type:

News
Practice notes
Precedents
Q&As

Sub Topics We Cover

Demergers Reorganisations and tax Restructuring and insolvency Tax and distressed debt

Latest Tax News

UT finds FTT made errors when setting aside HMRC best judgment assessment (HMRC v Sintra Global)

UT finds FTT made errors when setting aside HMRC best judgment assessment (HMRC v Sintra Global)

The following Tax news provides comprehensive and up to date legal information on UT finds FTT made errors when setting aside HMRC best judgment assessment (HMRC v Sintra Global)

Supreme Court rules on the scope and limitations of the enterprise zone tax incentive (R (oao Cobalt Data Centre) v HMRC)

Supreme Court rules on the scope and limitations of the enterprise zone tax incentive (R (oao Cobalt Data Centre) v HMRC)

The following Tax news provides comprehensive and up to date legal information on Supreme Court rules on the scope and limitations of the enterprise zone tax incentive (R (oao Cobalt Data Centre) v HMRC)

Consultation on expanding tax conditionality to new sectors

Consultation on expanding tax conditionality to new sectors

The following Environment news provides comprehensive and up to date legal information on Consultation on expanding tax conditionality to new sectors

Court of Appeal dismisses DPT judicial review (Refinitiv Ltd v HMRC)

Court of Appeal dismisses DPT judicial review (Refinitiv Ltd v HMRC)

The following Tax news provides comprehensive and up to date legal information on Court of Appeal dismisses DPT judicial review (Refinitiv Ltd v HMRC)

Featured Tax content

Direct tax treatment of damages and compensation payments

Direct tax treatment of damages and compensation payments

Direct tax treatment of damages and compensation paymentsWhere a dispute is brought to an end by a payment of damages or compensation, whether under a...

VAT treatment of parking facilities

VAT treatment of parking facilities

VAT treatment of parking facilitiesThis Practice Note is about the VAT treatment of parking facilities.This Practice Note contains references to EU...

The double taxation treaty passport scheme (DTTP scheme)

The double taxation treaty passport scheme (DTTP scheme)

The double taxation treaty passport scheme (DTTP scheme)The double taxation treaty passport scheme (DTTP scheme) enables a borrower to apply for and...

What is an intangible fixed asset?

What is an intangible fixed asset?

What is an intangible fixed asset?Part 8 of the Corporation Tax Act 2009 (CTA 2009) is a specific corporation tax regime that applies exclusively to...

Practice notes

What are capital allowances and capital expenditure?

What are capital allowances and capital expenditure?What are capital allowances?Capital allowances are the means by which tax relief is given for some...
Read More >
Produced in partnership with Martin Wilson
2nd Mar
Practice notes

Commercial service charges—VAT implications

Commercial service charges—VAT implicationsThis Practice Note is about the VAT treatment of non-residential service charges. General positionService...
Read More >
Produced in partnership with Martin Scammell
1st Mar
Practice notes

Amortisation of intangible fixed assets

Amortisation of intangible fixed assetsWhere a company acquires (or otherwise incurs capitalised expenditure upon) an intangible fixed asset that...
Read More >
Produced in partnership with Anne Fairpo
2nd Mar
Practice notes

VAT treatment of damages and compensation payments

VAT treatment of damages and compensation paymentsA damages or compensation payment may attract VAT. This depends on exactly what the payment is for....
Read More >
2nd Mar
tag iconIn-house
Practice notes

Taxation of gambling in the UK

Taxation of gambling in the UKCoronavirus (COVID-19): in light of the coronavirus crisis, HMRC has announced a change to the way returns for General...
Read More >
Produced in partnership with Carl Rohsler of Memery Crystal
1st Mar
Practice notes

VAT treatment of intermediaries, agents and disbursements

VAT treatment of intermediaries, agents and disbursementsFor VAT purposes, an intermediary is a person who makes arrangements for, or facilitates, a...
Read More >
Produced in partnership with John Fuszard of Sagars Accountants Ltd
2nd Mar
Practice notes

Tax—Finance Act 2022—progress through Parliament [Archived]

Tax—Finance Act 2022—progress through Parliament [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note...
Read More >
1st Mar
Practice notes

Taxation of UK LLPs

Taxation of UK LLPsA UK limited liability partnership (LLP) is a body corporate for company law purposes, but is generally taxed as though it were a...
Read More >
1st Mar
Practice notes

Transfer pricing and private equity transactions

Transfer pricing and private equity transactionsIP COMPLETION DAY: The Brexit transition period ended at 11pm on 31 December 2020. At this time...
Read More >
Produced in partnership with Batanayi Katongera of Macintyre Hudson
2nd Mar
Practice notes

What is a trade for tax purposes?

What is a trade for tax purposes?A company is subject to corporation tax on the profits of its trade or trades in accordance with the rules found in...
Read More >
1st Mar
Practice notes

Taxation of trading profits—basis, receipts and deductions

Taxation of trading profits—basis, receipts and deductionsOnce a company has established that it has a trade (for which see Practice Note: What is a...
Read More >
2nd Mar
Practice notes

Partnerships and VAT

Partnerships and VATA general partnership is treated, for VAT purposes, as though it were a separate taxable person.This note is about:•the nature of...
Read More >
2nd Mar
Practice notes

Ordinary share capital—what it means and why it matters for UK tax purposes

Ordinary share capital—what it means and why it matters for UK tax purposesThe concept of ordinary share capital is important for UK tax purposes....
Read More >
Produced in partnership with Michael McGowan
1st Mar
Practice notes

Types of lending

Types of lendingOverdrafts, term loans and revolving credit facilitiesThree common types of loan facility are:•overdrafts•term loans, and•revolving...
Read More >
2nd Mar
Practice notes

Corporation tax loss relief—trading losses

Corporation tax loss relief—trading lossesA company that has incurred a trading loss in an accounting period can, in general, use that loss by:•making...
Read More >
1st Mar
Practice notes

Tax issues on a scrip or stock dividend

Tax issues on a scrip or stock dividendWhat is a scrip dividend and why do companies make them?A scrip dividend, also referred to as a scrip or stock...
Read More >
1st Mar

Popular documents

Schemes of reconstruction defined

Schemes of reconstruction definedThis Practice Note is about the meaning of a scheme of reconstruction for tax purposes.Tax neutrality is maintained where a company (company A) enters into an arrangement which is a scheme of reconstruction involving the issue of ordinary share capital by a second

Clearance letter—TCGA 1992, ss 138 and 139(5), ITA 2007, s 701 and CTA 2010, s 748

Clearance letter—TCGA 1992, ss 138 and 139(5), ITA 2007, s 701 and CTA 2010, s 748[Team Leader][insert HMRC address][insert date]Application for clearances in advance under [section[s] 138[ and 139(5)] Taxation of Chargeable Gains Act 1992][ and ][section 701 Income Tax Act 2007[ and section 748

Share for share exchanges and qualifying corporate bonds (QCBs)

Share for share exchanges and qualifying corporate bonds (QCBs)Some company acquisitions that involve a corporate buyer will be structured so that the consideration payable is the issue of new shares and/or loan notes by the buying company. The selling shareholders exchange their existing shares for

Key tax considerations relevant to appointment of a fixed charge receiver

Key tax considerations relevant to appointment of a fixed charge receiverThis Practice Note:•outlines the main UK tax provisions that apply where a fixed charge receiver sells assets owned by a company, and•answers the important issues that can arise in circumstances where such actions are